05.07.2009

Countries with a high level of per capita national income and relatively large tertiary (service) sectors

Word used in reference to sediments or sedimentary rocks that are composed of particles that were transported and deposited by wind, water or ice.

Often regarded as synonymous with cost, insurance, and freight in the international cargo trade, its terms differ from the latter in a number of ways. Generally, the seller’s risks are greater in a delivered transaction because the buyer pays on the basis of landed quality/quantity. Risk and title are borne by the seller until such time as the commodity, such as oil, passes from shipboard into the connecting flange of the buyer’s shore installation. The seller is responsible for clearance through customs and payment of all duties. Any in-transit contamination or loss of cargo is the seller’s liability. In delivered transactions, the buyer pays only for the quantity of oil actually received in storage

Delek Infrastructure is held 100% indirectly by Delek Group. Delek Group fully owns the Independent Power Production (IPP) plant that services the Ashkelon water desalination facility (controlled 50% by IDE Tech.), which is sourced with natural gas from the Yam Tethys reserve. The Combined Cycle cogeneration power plant with a capacity of around 87 MW, provides a majority of its capacity to the desalination plant and the rest is sold to private customers and/or the Israel Electricity Company. Delek Infrastructure also holds 57% of IPP Ramat Gabriel Ltd. and IPP Alon Tabor Ltd. IPP Ramat Gabriel Ltd is developing a cogeneration Power Station to provide approximately 50 MW of electricity and steam to the factories in the Industrial Area of Ramat Gabriel. IPP Alon Tavor Ltd. is also developing a cogeneration Power Station to provide approximately 50 MW of electricity and steam to the factories in the Industrial Area of Alon Tavor (Northern Israel). Delek Infrastructure also holds 51% of Genrent Participation S/A, a holding company investing in power generation projects in Brazil and is in the process of building additional independent power plants in Israel for private clients. Genrent Participation owns 70% of the Brentech Company who owns the Goyania ii Emergency Diesel Generators Power Station in Brazil with a capacity of around 140 MW. In April 2009, Delek Infrastructure (57%) with partners Sigma-Epsilon (43%) owned by Dr. Eli Barnea and Moshe Lasri and Edi Energy owned by former Delek Infrastructure CEO Koby Katz, received a license from the MNI to set up another 60 MW cogeneration plant in Migdal Ha’Emek. In July 2009, The heads of Delek Group its subsidiary Delek Infrastructure Ltd. and Tnuva signed an agreement to build and operate a private CCGT power plant, which will provide electricity and steam for Tnuva’s factory in Alon Tavor. Delek unit IPP Delek Alon Tavor will build a 55 megawatt cogeneration power plant for Tnuva’s Alon Tavor dairy. The plant will buy gas from Delek Energy. The agreement sets out that the operating period will be 27 years from the date that financial arrangements have been agreed, and not later than April 2011. Construction of the power plant is expected to be completed by the end of 2012 at an estimated cost of construction for Delek Group to be $63 million.

Desalination is a process that removes dissolved minerals (including but not limited to salt) from seawater, brackish water, or treated wastewater. A number of technologies have been developed for desalination, including reverse osmosis (RO), distillation, electrodialysis, and vacuum freezing. The main disadvantages of desalination is the lack of siting flexibility due to the need to set up stations on expensive and limited shore land and the high cost of energy (Approximately one third of the operational costs of a water desalination facility is the power consumption). Nevertheless, the amount of energy required to desalinate one cubic meter of sea water is less than 4 KwH, which is equivalent to the amount of energy required to move a car on average between 2-8 km. An average Israeli family would only increase its energy consumption by 3% if all the water it consumed was desalinated water. If a desalination facility is linked to a natural gas power station for the supply of energy then the natural gas which represents about 50-60% of the cost of the generation of the electricity thus becomes a critical element in the cost of the end product, namely the desalinated water.

US Department of Energy. The Department of Energy’s overarching mission is to advance the national, economic, and energy security of the United States; to promote scientific and technological innovation in support of that mission; and to ensure the environmental cleanup of the national nuclear weapons complex.